[Data Science Case] Correlation Analysis of Electricity Consumption and Appliance Specifications

Introducing a case study on the construction and verification of a power consumption prediction model and correlation analysis!

We will introduce a case study on the correlation analysis of electricity usage and home appliance specifications. There was a challenge to clarify the correlation between the specifications of home appliances owned by households (such as rated power consumption and manufacturer) and the actual electricity consumption. We used an OCR service to read the specification information listed on the appliances, and based on that information, we constructed and validated a power consumption prediction model and conducted a correlation analysis. In the future, we will work on improving the accuracy of the reading logic for specification information and obtaining more precise information such as household occupancy times. [Case Overview] ■ Industry: Electricity ■ Business: Maintenance Management ■ Challenge: Correlation Analysis ■ Analytics & AI Solutions - Read appliance specification information using OCR services - Construct and validate a power consumption prediction model and conduct correlation analysis based on the information *For more details, please refer to the PDF document or feel free to contact us.

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